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Pangram sales worth 8m euros
Pasta company Pangram SA Resita posted turnover worth 8 million euros last year, up 28% from the previous year, and forecasts 11 million euros for 2004. "We have also been working with Unile...
Arcom doubles turnover to 25m euros
Construction company Arcom SA Bucharest, one of the leading players on the domestic market, doubled turnover last year, due to a number of high-value construction-assembly contracts. Total r...
50m euros for Boromir
Milling and bakery company Grup Boromir Sibiu logged higher turnover last year primarily because of the soaring wheat prices on the international markets. "We posted 50 million-euro turnover...
Enterprise Investors to put 20m euros in two companies
Polish Enterprise Fund, one of the main regional investment funds operating in Romania is in talks to complete two transactions worth 20 million euros on the Romanian market this year, Jacek...
Transelectrica gets 70m euros from KfW
German Kreditanstalt for Wiederaufbau (KfW) bank will provide a 70 million euro funding for the upgrading projects involving Sibiu Sud (Sibiu South) and Bucuresti Sud (Bucharest South) stati...
A&D Pharma to invest 6.5m euros
A&D Pharma group, comprising drug distributor Mediplus and the Sensiblu pharmacies will invest 6.5 million euros this year to expand the chain of drugstores and build storage facilities, com...
Midocar invests 4.4m euros
Midocar, the local dealer of German makes Volkswagen and Audi estimates to sell 700 vehicles this year, among which 125 units will be from the latest Volkswagen Golf generation. Midocar will...
Henkel Romania climbs 17%, to 50m euros
Henkel Romania, the local branch of Henkel Central Eastern Europe, reported 50.3 million euros (1,890 billion ROL) in turnover last year, up 17% from 2002, when it had logged 43 million euro...
Alexandrion Group sales up to 29m euros
The alcoholic drinks division of Alexandrion Group Romania, which makes and sells the Alexandrion brandy, Kreskova vodka and Bellman's gin, reported 1,100 billion ROL (29 million euros) in t...